Funding you earn now, next payment 08:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.044%
Price spread now: Binance against edgeX−0.321%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.740%+$74 · spread now −0.321%, 7d avg +0.021%
=Together, before fees+0.613%+ Points / potential airdropedgeX: Active · farm board+$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.343% cheaper against edgeX than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRVLUSDC | 255.02 | 0.0132 | pay 0.0066% / 4h | 2h 33m | $36K | $374K | 10x |
| Short | Binance MRVLUSDT | 254.20 | 0 | get 0.0000% / 8h | 2h 33m | $23.5M | $111.3M | 50x |
edgeX MRVLUSDC
Binance MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.77
- Price spread: −0.321% → +0.021%
- −$34.26
- Slippage, 4 orders
- −$14.67
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.71
- Costs to cover
- 0.337%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 15 min ago; Binance: live order book, 10 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 15 min ago | 5.46 bp | 10.2 bp −$10 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.20 bp | 7.4 bp −$7 | 13.1 bp −$131 | 52.5 bp −$5,251 | doesn't fit |
MRVL on 32 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0717% | 8h | 254.31 | −0.279% | $5.5M | $16.6M | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0536% | 1h | 254.16 | −0.338% | $22K | $144K | 10x | as long as short |
| BloFin MRVL-USDT | −0.0006% | 8h | 254.12 | −0.354% | $367K | $177K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.41 | −0.241% | $300K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.21 | −0.319% | $47K | $268K | 10x | as long as short |
| Binance MRVLUSDTshort | 0.0000% | 8h | 254.20 | −0.321% | $23.5M | $111.3M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.18 | −0.330% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.20 | −0.323% | $6.8M | $23.2M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.24 | −0.307% | $5.4M | $8.4M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.93 | −0.036% | $707K | $493K | — | as long as short |
Bitget MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVLShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.16 | +0.054% | $242 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.29 | −0.287% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.59 | −0.170% | $128K | $43K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 254.73 | −0.114% | $651 | $48K | 10x | as long as short |
| QFEX MRVL-USD | +0.0030% | 1h | 254.27 | −0.295% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.18 | −0.330% | $88K | $201K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.48 | −0.213% | $24K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.60 | −0.166% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.18 | −0.330% | $14.0M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.12 | −0.354% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.16 | −0.338% | $168 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.31 | −0.279% | $561K | $750K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 254.47 | −0.216% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0096% | 1h | 253.88 | −0.448% | $318K | $635K | 10x | as long as short |
| Nado MRVL-PERP | +0.0097% | 1h | 254.27 | −0.294% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.75 | −0.107% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.31 | −0.279% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.31 | −0.279% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0110% | 8h | 254.42 | −0.236% | $503K | $63K | 20x | as long as short |
| edgeX MRVLUSDClong | +0.0132% | 4h | 255.02 | long leg | $36K | $374K | 10x | |
| Phoenix MRVL | +0.0157% | 1h | 254.38 | −0.252% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.64 | +1.418% | $11K | $735 | 12x | as long as short |
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
Nado MRVL-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
KuCoin MRVLUSDTM
Phoenix MRVL
Injective MRVL/USDC PERP